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after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper
after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and...
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the issue, of course, has the full attention of the obama administration. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syrian ground forces and rebels have been battling in and around syrian capital of damascus. it is now estimated that more than 40,000 people have been killed in violence in march 2011. >> just an atrocity there. >>> now to the pink slips at citigroup. the company is slashing 11,000 jobs worldwide. about 4% of its work force. more than half of those cuts will come from consumer banking. and they are aimed at saving $900 billion next year alone. investors were apparently pleased. because citi stocks shot up more than 6%. >>> and the world's biggest coffee chain is about to get even bigger. starbuck's is planning to add 1,500 cafes across the country over the next five years and another 1,500 in canada and latin america. the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the gl
the issue, of course, has the full attention of the obama administration. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syrian ground forces and rebels have been battling in and around syrian capital of damascus. it is now estimated that more than 40,000 people have been killed in violence in march 2011. >> just an atrocity there....
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they are worried because the obama administration is behind, and further extending the protection of minorities forward and they want to see washington, dc, really, putting more pressure on the morsi government. >> the rights of the christian minority does not look like they are being addressed the way we would like. the dialogue that the state department has entered in with the egyptian government since the revolution, that needs to continue. >>reporter: we have more details on the meetings and the christian community here in the united states. you can find more on foxnews.com with details and the fate of these christians looks grim and we expect more seeking asylum in the united states. health thank you, dominic, from los angeles. >>gregg: rebound and house of representatives speaker boehner meet at white house today to discuss the looming fiscal cliff, there is new insight about who american thing should receive the most blame if lawmakers fail to reach a deal. according to the new "washington post" poll, this is a "washington post" poll, a majority of americans say they would hol
they are worried because the obama administration is behind, and further extending the protection of minorities forward and they want to see washington, dc, really, putting more pressure on the morsi government. >> the rights of the christian minority does not look like they are being addressed the way we would like. the dialogue that the state department has entered in with the egyptian government since the revolution, that needs to continue. >>reporter: we have more details on the...
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bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha: $120 million to develop the next electric car battery. it's not an independent venture. you are paying for it. the u.s. taxpayer. we'll tell you about the government's latest gamble with your money. bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesri
bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha:...
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as we mentioned treasury secretary said today, the obama administration is willing to go over the fiscal cliff if republicans don't agree to raising taxes on the rich. all this week, we've been focusing on what it is about this congress and this administration that makes it seem like compromise is a dirty word. certainly the extremes in the party seem to view it that way. we've been talking with past congressional leaders who have sat down at the negotiating table, facing sharp differences with the other political party in the past and still managing to come out with a deal. today, i spoke a short while ago with former senate majority leader trent lott, author of "herding cats: a life in politics." senator lott, you and senator mitchell wrote op-eds. diagnosing the dysfunction in washington and offering some solutions. you said one solution is to hold congress at hearings, marking up bills going on legislation. most americans would agree with that but be surprised to hear, i mean, that's their job. i think most of us, you know, would assume, isn't that their job description? >> well, the
as we mentioned treasury secretary said today, the obama administration is willing to go over the fiscal cliff if republicans don't agree to raising taxes on the rich. all this week, we've been focusing on what it is about this congress and this administration that makes it seem like compromise is a dirty word. certainly the extremes in the party seem to view it that way. we've been talking with past congressional leaders who have sat down at the negotiating table, facing sharp differences with...
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. >> we understand the obama administration is now considering arming the syrian rebels, something you've advocated for a long time. obviously in reaction to concerns the administration won't have any sway with the rebels should the assad regime fall. arwa damon has been inside syria for more than about a week now. she's been talking to rebels who say they're angry at the international community for its inaction and won't tolerate meddling now. do you think there's anything at this point the u.s., its allies can do to try to repair that relationship? >> i think we could establish a safe zone from which they could organize and operate. the other problem, as you know, is the dramatic infiltration over the last year or so of these jihadists, al qaeda jihadist extremists from all over the arab world. you name a country and they've come in from there. and unfortunately, some of the countries that are providing the weapons, those have gone directly to these extremists. rather than to the moderate forces. and without a place to organize, to set up a government to do the things that are necessary
. >> we understand the obama administration is now considering arming the syrian rebels, something you've advocated for a long time. obviously in reaction to concerns the administration won't have any sway with the rebels should the assad regime fall. arwa damon has been inside syria for more than about a week now. she's been talking to rebels who say they're angry at the international community for its inaction and won't tolerate meddling now. do you think there's anything at this point...
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revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective right now. we have two philosophies. one is saying we're spending too much and the other is saying we don't spend enough. obviously the last four years are spending more to stimulate. i'm not sure if that will work long-term. we've crossed 100% of debt to gdp. i don't think that gets better as you get higher. >> the only thing that confuses me about it, i feel like in a situation where all you do is keep cutting taxes and have a revenue problem, right? you give a tax cut to the middle class you don't want it to take it away from them. you keep giving out things p and you never take them back. >> well, that
revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective...
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revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies. one says we're spending too much. the other saying we're not spending enough. that's hurting our economy. obviously, the last four years have been more focused on the spending. we continue to pile up more and more debt, we've crossed 100% of debt to gdp. >> but you're line of thinking, i feel like we end up in a situation where all you doe is keep cutting taxes. you start to have a revenue problem. you give a payroll tax, you don't want to tack it away. you keep giving out things and never take them back. >> well, that's the same thing we do on the spending side. >> all those agencies -- is now st
revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies....
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the obama administration is signaling it may step in and actively enforce federal drug laws which still outlaw smoking marijuana. and that could create very tricky political balancing act for president obama himself. john avlon is "outfront" on this story right now. this is a tightrope for the president, john. >> it is. it's fascinating. a brand new quinnipiac poll illustrates what a tough situation this is. for the first time, a narrow majority of americans, 51%, support legalizing marijuana. but here's where it gets politically interesting. when you break it down by party i.d., 58% of democrats and independents support legalizing marijuana. clear majority. only 31% of republicans do, however. so it's a fascinating shift where liberals and independents are saying, look. states rights at least on this issue. more individual liberty. and republicans are being more traditionalist about their attitudes. final point, this poll makes very clear it's a generational shift. just a second ago you were talking about the evolution of this issue of same-sex marriage. same thing with marijuana legal
the obama administration is signaling it may step in and actively enforce federal drug laws which still outlaw smoking marijuana. and that could create very tricky political balancing act for president obama himself. john avlon is "outfront" on this story right now. this is a tightrope for the president, john. >> it is. it's fascinating. a brand new quinnipiac poll illustrates what a tough situation this is. for the first time, a narrow majority of americans, 51%, support...
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. >> they met with the president and white house chief of staff to press the administration for aid sooner rather than later. >> we have obligated more than 300 billion that includes $1 billion already in direct assistance to thousands of individuals affected by the storm. >> president obama is expected to ask congress for ten's of billions of dollars in supplemental aid for the region before the end of the year. on capitol hill, mike emmanuel, fox news. >>> it's time now for your health news. >> anna kooiman has the week's top medical stories. >> when it comes to nutrition americans are falling short. a usda study scored the daily diet compared to national food recommendations. each group tested was scoring between 0 and 100 based on the amount of fruit, vegetables grains milk and meat each day. children scored 56 out of possible 100. seniors slightly healthier diets with a stocore of 65. doctors in two states now say the deadly meningitis outbreak from earlier this year may be back. months after the story faded away there are 23 reports of infections in the state of tennessee alone. the
. >> they met with the president and white house chief of staff to press the administration for aid sooner rather than later. >> we have obligated more than 300 billion that includes $1 billion already in direct assistance to thousands of individuals affected by the storm. >> president obama is expected to ask congress for ten's of billions of dollars in supplemental aid for the region before the end of the year. on capitol hill, mike emmanuel, fox news. >>> it's time...
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but the obama administration and harry reid right now democrats don't want social security even on the table because it is not connected. the republicans -- want it there because they want to cut social security but the democrats are saying look, social security is not the problem. there is an easy fix to that. we'll take care of that later. we'll take care of that next. but right now don't touch social security. don't touch it. just put it out of the equation. and deal with fiscal crisis as it is. deal with the need for combination balanced approach of spending cuts that the president's put forward and new tax revenue which the president knows most of it has to come for tax cuts for the wealthiest. when we solve that problem then we'll let them deal with social security. but not muck it up right now. >> announcer: this is the "bill press show." and i'm just blanking a little bit. i think his phrase for it was feed the beast going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with som
but the obama administration and harry reid right now democrats don't want social security even on the table because it is not connected. the republicans -- want it there because they want to cut social security but the democrats are saying look, social security is not the problem. there is an easy fix to that. we'll take care of that later. we'll take care of that next. but right now don't touch social security. don't touch it. just put it out of the equation. and deal with fiscal crisis as it...
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that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you and your family. the president is planning to meet with state governors this week and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top earners and republicans will have to work with that reality. >> there is no responsible way we can govern this country with those low rates in place for future generations. those rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrats are negotiating for a position of power. talking points memo points out republicans are used to getting 70% to 75% of what they ask for in these types of negotiations but now speaker boehner is going on and on about how he's shocked and amazed at president's plan and is refusing to offer a counter plan
that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you and your family. the president is planning to meet with state governors this week and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top...
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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry forhe report. >> trying to lay blame for stalled buet talks
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in...
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>> well, that's the big -- that's part of the reason why the obama administration has done in the views of many so little toward getting president assad out, and that's because they are just really afraid. syria looks -- syria would be so much worse. you saw the break-up of iraq after the united states invasion in 2003. syria would be that times 10. and there's a lot of worry about what are you going to do with that? you have a worry about the slaughter of the allies in the mountains. you have to worry about just this whole break-up and who would govern this region that is so, so -- this country that is so critical for the whole region. but i do think, though, that chemical weapons would be sort of -- that -- i think for the obama administration, that's a line that they would have trouble defending their passivity so far if assad crossed. that's a hard one. it's hard for me to imagine them not doing anything. >> but given that they haven't really done very much over the past 21 months, and they haven't done very much at all, it's not implausible that they would not do the claritive thin
>> well, that's the big -- that's part of the reason why the obama administration has done in the views of many so little toward getting president assad out, and that's because they are just really afraid. syria looks -- syria would be so much worse. you saw the break-up of iraq after the united states invasion in 2003. syria would be that times 10. and there's a lot of worry about what are you going to do with that? you have a worry about the slaughter of the allies in the mountains. you...
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>> i think the obama administration, from the beginning, joe, has been making what i call a cosmic bet that islamists, people in parties like the muslim brotherhood, if they experience governing, if they get elected and are responsible for the growth of the economy, the welfare of the people, will bend and will become more responsible parties and then we'll have a peculiros where egypt looks more like turkey. >> but david, that's obviously not the case. what's the difference between supporting a dictator in egypt named morsi versus supporting a dictator in egypt named mubarak? >> well, you got it. there isn't much difference. i would say that morsi has been elected by the egyptian people in what most observers think were democratic elections, and more to the point, morsi is a product of a revolution that caught up all egyptians. this has been a couple years of real change there. so morsi carries the hopes of those people. it's just that he's -- you know, it's gone to his head. he's on a power trip, i think, and it's time for the tous just s u.s. to just say that flat out. >> jon meacha
>> i think the obama administration, from the beginning, joe, has been making what i call a cosmic bet that islamists, people in parties like the muslim brotherhood, if they experience governing, if they get elected and are responsible for the growth of the economy, the welfare of the people, will bend and will become more responsible parties and then we'll have a peculiros where egypt looks more like turkey. >> but david, that's obviously not the case. what's the difference between...
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"the new york times," the obama administration secret arms shipments to qatar to help overthrow moammar gadhafi. according to "the times," some of those weapons were turned over to islamic militant groups. the support from qatar helped destabilize gadhafi's regime, but american officials remain concerned over where the arms ended up. >> "the wall street journal," egypt descending into political turmoil after another night of intense clashes on the doorsteps of the presidential palace. it's the largest confrontation since the revolution that overthrew hosni mubarak. critics say he's rushing through a constitution with an islamic agenda. >>> u.s. and russian senior diplomats will meet today with the united nations peace envoy for syria in an attempt to end the civil war there. this comes as pentagon sources tell nbc news there is intelligence suggesting the syrian government has loaded sarin gas into aerial bombs and awaiting command from president assad for its use. >>> and from our parade of papers, "the san francisco chronicle," american jazz legend dave brubeck died just short of his
"the new york times," the obama administration secret arms shipments to qatar to help overthrow moammar gadhafi. according to "the times," some of those weapons were turned over to islamic militant groups. the support from qatar helped destabilize gadhafi's regime, but american officials remain concerned over where the arms ended up. >> "the wall street journal," egypt descending into political turmoil after another night of intense clashes on the doorsteps...
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the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we reduce our deficit. >> brian sullivan, thank you so much. greatly appreciate your insights. thanks for being with us on "way too early." you can catch brian on cnbc's "street signs" at 2:00 p.m. he is the hardest working man in show business, or at least on the other side of the river. >>> coming up this morning, we've got republican senator tom coburn. can't wait to talk to tom. also, tom cole will be here on set. that's great. we're going to ask him what he was thinking last week. i'm joking. congressman. also, democratic senator claire mccaskill. can you believe this? and congressman chris van hollen. also, we're go
the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we...
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military officials and the obama administration want greater flexibility to launch operations against terror groups in africa. the operations would target al qaeda-related groups in countries like mali, nigeria, libya and others. >>> and "the oregonian," it was 71 years ago today that pearl harbor was bombed by the japanese in a surprise attack. 2,400 americans were killed. thousands will gather today to remember the raids with a moment of silence at 7:55 a.m., the exact time the bombings began in 1941. and when they began, my grandfather was on "the maryland." >> wow. >> my dad always took us out there. >>> let's go to "the seattle times." despite a federal ban, washington state's law allowing recreational marijuana described as one of the most liberal in the world went into effect midnight last night. the state will start licensing farms and retail stores to grow and sell marijuana next year. police across the state are said to be taking a laissez-faire approach. >> where's that willie geist? actually, that's heilmann. you know, i'm surprised connecticut has a pretty darn liberal la
military officials and the obama administration want greater flexibility to launch operations against terror groups in africa. the operations would target al qaeda-related groups in countries like mali, nigeria, libya and others. >>> and "the oregonian," it was 71 years ago today that pearl harbor was bombed by the japanese in a surprise attack. 2,400 americans were killed. thousands will gather today to remember the raids with a moment of silence at 7:55 a.m., the exact time...
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that's a big step. >> you can decide as the obama administration has not to defend doma. there's still consequences to doma being on the book and reasons why it has to go away. >> absolutely. >> if you are a same-sex couple and married it in one of the states you're now legally married and one dies you face estate tax situations. >> yeah. >> that a heterosexual couple doesn't. every time you file federal taxes you are treated differently. it says these relationships are lesser. i think we've evolved to a point this country where we accept gay and lesbian people as equal and say their relationships in the federal law are lesser than we're saying they're lesser. >> how it fits with the immigration debate as well. >> certainly. it's presently worth noting that bill clinton should maybe take a page from the joe biden playbook because he after all is the person we have to thank -- >> the joe biden playbook. >> and taking a page from it. >> thank you to ari, joy and frank for joining me today. that is all for us here at "now." see you back tomorrow at noon eastern, 9:00 a.m. pa
that's a big step. >> you can decide as the obama administration has not to defend doma. there's still consequences to doma being on the book and reasons why it has to go away. >> absolutely. >> if you are a same-sex couple and married it in one of the states you're now legally married and one dies you face estate tax situations. >> yeah. >> that a heterosexual couple doesn't. every time you file federal taxes you are treated differently. it says these...
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do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the ban
do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price....
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these days, the last thing the obama administration wants to do is go into iraq. in terms of will syria actually use them? i don't think we have any idea. what we do know, is they're not useful militarily. they're helpful in an negotiation, about getting them out. it's hard to see how they advance his cause. >> assad would face complete obliteration if he does this. and some say he wants asylum in venezuela or whatever. he's not a stupid man. why would he risk the wrath of the world ascending on him? >> it's hard to see how this advances his cause, except as part of the negotiation. if you're trying to get a better deal for your family, then, maybe it's useful. >> would this create an internal coup, with his background? i don't know how sane he is or not, and what he's done. he's killing his own people. he's butchering his own people. when do the colonels come after him, to use a latin phrase? >> i don't think that happens. if anything, i think assaad may be a prisoner of his security establishment. i don't think he will be pushed aside by his aides. >> when do th
these days, the last thing the obama administration wants to do is go into iraq. in terms of will syria actually use them? i don't think we have any idea. what we do know, is they're not useful militarily. they're helpful in an negotiation, about getting them out. it's hard to see how they advance his cause. >> assad would face complete obliteration if he does this. and some say he wants asylum in venezuela or whatever. he's not a stupid man. why would he risk the wrath of the world...